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Dec 4, 2013
12/13
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care would be in year one. that estimate was done, obviously, before the website spent two months being broken. so there is what was underlying that estimate is over. it's not going to happen. but back when -- in june and may when i spoke to the obama administration about how they thought about zubsuccess, they not use seven million number. they did not say getting seven million and one million was young and healthy. success was all about getting this right, getting the ratios right so the premiums would be low enough that over the first two or three years it would be a good deal and people would come in. so the important thing for the administration is not seven million versus five million versus nine million. it's how many of them are young and healthy. they need about 40% in order to keep premiums at the levels they want them. >> and to that point, there was a recent gallup poll. 37% of americans under 30 are the least familiar with the health care law. more than any other age group. and obviously we've talk
care would be in year one. that estimate was done, obviously, before the website spent two months being broken. so there is what was underlying that estimate is over. it's not going to happen. but back when -- in june and may when i spoke to the obama administration about how they thought about zubsuccess, they not use seven million number. they did not say getting seven million and one million was young and healthy. success was all about getting this right, getting the ratios right so the...
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Dec 6, 2013
12/13
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CNNW
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up until obama. these policies have not created economic growth, and everybody knows it. >> but wait, wait, ants my question. >> i can answer it. >> the house republicans is 40 jobs create bills that are stalled in the senate. >> they're all the same two things. >> no, they're not. they're energy job, they're rural jobs, farm jobs. >> the biggest thing you can do to create jobs, whether you're a republican or democrat, and this has been true throughout centuries, is for the government to be smaller and for the private sectoring to bigger. that means less regulation, not the monstrous expansion we have seen, and we just got the tip of the iceberg there. >> wait, wait, wait. wait a second. >> more taxes, less spending, and same -- >> the administration -- however -- >> i want to hear the governor here. >> it's down to pre-stimulus levels and heading in the right direction. >> despite obama. the sequester, by the way, is less than 1% of total federal spending. if we think this nation cannot tighten its
up until obama. these policies have not created economic growth, and everybody knows it. >> but wait, wait, ants my question. >> i can answer it. >> the house republicans is 40 jobs create bills that are stalled in the senate. >> they're all the same two things. >> no, they're not. they're energy job, they're rural jobs, farm jobs. >> the biggest thing you can do to create jobs, whether you're a republican or democrat, and this has been true throughout...
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Dec 8, 2013
12/13
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CSPAN
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the obama administration thought they had fought the deal to keep the troops there 2014. that seems like it is falling apart. do you see any way of resolving this before the beginning of next year or will it stride on until afghanistan elects a new president? >> the deal has not fallen
the obama administration thought they had fought the deal to keep the troops there 2014. that seems like it is falling apart. do you see any way of resolving this before the beginning of next year or will it stride on until afghanistan elects a new president? >> the deal has not fallen
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Dec 5, 2013
12/13
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KNTV
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as in past years, president obama welcomes guests for a celebration to mark the last night of the jewish festival of lights. >>> on this day in 1933, the end of prohibition. americans were finally able to drink legally after the amendment to the constitution was repealed. >>> happy birthday to actress paula patton of the film "precious," who is 38, retired nfl quarterback jim plun ket and richard little. i'm richard lui. thanks for watching on this thursday. have a great day ahead of you. >>> good morning. it's 4:30. i'm scott mcgrew. >> i'm laura garcia-cannon. that is out of san jose where a big rig has crashed and landed on construction equipment. it's happening on southbound interstate 880 at the stevens creek boulevard off ramp. it's close to valley fair mall. bob redell is live at the scene. what does it look like out there? >> reporter: we're trying to figure out how much impact this is going to have on the morning commute. here is is the big rig, a driver fell asleep heading south on 880 this morning, around quarter to 3:00. and what happened instead of continuing south on 880 he
as in past years, president obama welcomes guests for a celebration to mark the last night of the jewish festival of lights. >>> on this day in 1933, the end of prohibition. americans were finally able to drink legally after the amendment to the constitution was repealed. >>> happy birthday to actress paula patton of the film "precious," who is 38, retired nfl quarterback jim plun ket and richard little. i'm richard lui. thanks for watching on this thursday. have a...
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Dec 9, 2013
12/13
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CSPAN2
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students how many of you remember that -- by the way in 2009 i asked this question, not five or six years later. i asked how many of you remember that? 10%, 20% of hands. i said it really didn't pass under the media radar to follow these sort of things. now, imagine if afghan obama rally someone in a white guy held up a sign that said polish my shoes, don't you think every media outlet it would have been front page, john mccain come every single republican would have said to stop everything. that's wrong to get. >> host: is it because they don't think it's dangerous? are talking to a woman that's running -- i don't know. >> guest: i think it's because it seems more acceptable. race is on -- prior to 2008, right after we were all like racism, that's going to go away. we were wrong about that. but i think that in fact in some ways obama has become such a lightning rod for the research of the overt racism. >> host: your president, that kind of thing. >> guest: he is not one of us. we know he is one of them. and so part of this has always been startling because after all, obama is not a black
students how many of you remember that -- by the way in 2009 i asked this question, not five or six years later. i asked how many of you remember that? 10%, 20% of hands. i said it really didn't pass under the media radar to follow these sort of things. now, imagine if afghan obama rally someone in a white guy held up a sign that said polish my shoes, don't you think every media outlet it would have been front page, john mccain come every single republican would have said to stop everything....
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Dec 10, 2013
12/13
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have wasted several trillion dollars in the last few years. they are looking at taking away things like pensions from the military, a terrible idea. there are better places to deal with money. if you have someone like myself who has been employed too much and who did not even get to finish or take the last extension because, allegedly, employment got better and congress did not have to go for it. -- to vote for it. i would just like the last extension they told me i would get and then they turned around ad nine i -- and denied it year ago. i have borrowed a lot of money. i did not have jobs in the last year. has beensomebody who on unemployment insurance, do you have a reaction to senator rand paul's statements on sunday in which he said unemployment folks fromiscourages finding a job? caller: i like rand paul and i agree with a lot of what he says. it may be true for a lot of people. it is not across the board. it is painting with a wide brush. is a connection there. but you have to consider certain things. i am 61 years old. i work oil maker
have wasted several trillion dollars in the last few years. they are looking at taking away things like pensions from the military, a terrible idea. there are better places to deal with money. if you have someone like myself who has been employed too much and who did not even get to finish or take the last extension because, allegedly, employment got better and congress did not have to go for it. -- to vote for it. i would just like the last extension they told me i would get and then they...
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Dec 4, 2013
12/13
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CNBC
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obama care website. the president today giving a speech inside the white house complex where he made the case again that the white house has hit its deadline for fixing the obama care website and now safe for people to sign up. take a listen. >> this law is working and will work into the future. people want the financial stability of health insurance and we'll keep on working to fix whatever problems come up, any start up, any launch of a project this big that has an impact on one sixth of our economy, whatever comes up we're just going fix it. >> reporter: meanwhile on capitol hill republicans kept pound being away with their criticism saying that obama care ultimately is more than just this website. >> the president's health care law continues to wreak havoc on american families, small businesses and our economy. it's not just broken website. this bill is fundamentally flawed. causing people to lose the doctor of their choice, causing them to lose their health plan and if that want isn't enough having
obama care website. the president today giving a speech inside the white house complex where he made the case again that the white house has hit its deadline for fixing the obama care website and now safe for people to sign up. take a listen. >> this law is working and will work into the future. people want the financial stability of health insurance and we'll keep on working to fix whatever problems come up, any start up, any launch of a project this big that has an impact on one sixth...
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Dec 2, 2013
12/13
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WUSA
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the obama administration had promised the fixes by this past weekend. congress is watching closely, because the success or failure of healthcare reform is expected to be a critical factor in next year's midterm elections. already the botched rollout has put enrollment rates far below white house targets. consumers now have just a few weeks to sign up for coverage to begin on january 1. to handle the surge, the technology team is scrambling to make more upgrades to the website and warns too much traffic could still overwhelm the system. tara mergener, for cbs news, washington. >> the technology team is scrambling to fix glitches in what is known as the back end of the system, meaning the part of the website that delivers consumer information to insurers. >>> federal investigators from the national transportation safety board will spend the next two days interviewing the crew and passengers who are on the commuter train that jumped the tracks in new york city, killing four people. speed may have been a factor. but as marley hall reports, investigators say
the obama administration had promised the fixes by this past weekend. congress is watching closely, because the success or failure of healthcare reform is expected to be a critical factor in next year's midterm elections. already the botched rollout has put enrollment rates far below white house targets. consumers now have just a few weeks to sign up for coverage to begin on january 1. to handle the surge, the technology team is scrambling to make more upgrades to the website and warns too much...
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Dec 10, 2013
12/13
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FOXNEWSW
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what do you think about obama care forcing fire departmentçs should they be forced to comply or pay a fine? how will they survive. we'll be right back. >>> ç85-year-old newman said tt he was forced to admit that he committed hostile acts during the korean more. but said heç emphasized the wos so that everyone knew that it was staged. he said that statement was his ticket toç freedom. >>> couple to their family for a tripç to the mountains. no one has heard from them since sunday. >> listen to what this family is up against. remote and ruggedç mountains. temperatures overnight ten degrees below zero. sunday was minus 16 and no evidence that they have survival training. they were goingç out to play i the snow. that would mean no extra food or water sleeping bags or blankets. it representsç 7 steep canyonsn a popular hiking area. elevation 7,000 feet. along with theç fixed wing airpla airplanes. the good news is that searchers hope to see the black roof to stand out against the white snow. maybe they would be able to hi theç rescue planes with one of the jeep's mirors
what do you think about obama care forcing fire departmentçs should they be forced to comply or pay a fine? how will they survive. we'll be right back. >>> ç85-year-old newman said tt he was forced to admit that he committed hostile acts during the korean more. but said heç emphasized the wos so that everyone knew that it was staged. he said that statement was his ticket toç freedom. >>> couple to their family for a tripç to the mountains. no one has heard from them...
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Dec 5, 2013
12/13
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WJLA
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obama and a kiss from sunny, the tiny toppled tot was just fine. the first lady welcomed military families to the white house to unveil this year's decorations and to thank them for their sacrifices. >> no matter what challenges you all face, during the holidays or any other time during the year, you all just dig a little deeper. >> reporter: the white house is fully decorated for the holidays and ready to welcome the 70,000 visitors expected this season. the numbers are impressive. it took 83 volunteers from all 50 states to deck these halls. there are 24 christmas trees, 450 books, a 300-pound gingerbread white house and 1,000 yards of satin ribbon, used to make replicas of the famous pups. >> they're mechanical. this is a new step. we're stepping up in the world. bo and sunny honoring. >> reporter: there's one more christmas tree left to light. president obama and the first family will turn the switch on the massive national christmas tree on friday. john and diana? >> mary, thank you. it's the kind of scene, it was going to happen, it was the p
obama and a kiss from sunny, the tiny toppled tot was just fine. the first lady welcomed military families to the white house to unveil this year's decorations and to thank them for their sacrifices. >> no matter what challenges you all face, during the holidays or any other time during the year, you all just dig a little deeper. >> reporter: the white house is fully decorated for the holidays and ready to welcome the 70,000 visitors expected this season. the numbers are impressive....
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he was 95 years old. the country's president just announced to the world how the former leader passed away. it was peacefully at his home. mandela of course inspired generations of politicians and activists. president obama will be making a statement on his passing shortly. when that happens we'll take it live. very sad. more "money" after this. ♪ [ male announcer ] they are a glowing example of what it means to the bst. and at this special time of year, they shine even brighter. come to the winter event and get the merces-benz you've always wished for, now for an exceptional price. [anta ] ho, ho, ho, ho! [ le announcer ] lease e 2014 e350 for $579 a month at your local mercedes-benz dealer. melissa: are you ready to "deck the halls" again? today we've got some coolest things for your holiday gift list. i'm telling you that you will want these things for yourself. i know i already do. here to talk us through it tech buffalo's todd hazelton. >> thanks for having me. melissa: this is amazing! i want it!
he was 95 years old. the country's president just announced to the world how the former leader passed away. it was peacefully at his home. mandela of course inspired generations of politicians and activists. president obama will be making a statement on his passing shortly. when that happens we'll take it live. very sad. more "money" after this. ♪ [ male announcer ] they are a glowing example of what it means to the bst. and at this special time of year, they shine even brighter....
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Dec 3, 2013
12/13
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CNNW
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you're trying to make this argument into it's obama care or nothing. first of all, insurance companies have already stated that 26 year olds can stay on their parents' insurance. republicans have already been in favor of pre-existing conditions. >> let's stop there. let's talk about that for a second. >> wait an inch in utd. i'm going to answer your question. >> you need to tell the american people exactly right now how you're going to cover people with pre-existing conditions because there is no -- >> mitt romney ran on -- >> exactly. >> mitt romney ran on it. republicans have run on it. >> there's a huge loop hold in there. [ talking simultaneously ] >> republicans don't care of that. >> when the affordable care act was passed, not a single republican was asked to be at the table. >> that is simply not true. >> i knew you were going to say that. >> we tried repeatedly over and over to get republicans to come to the table. >> not a single republican voted for the obama care. >> one thing that republicans approved -- >> we had a big fight over a govern
you're trying to make this argument into it's obama care or nothing. first of all, insurance companies have already stated that 26 year olds can stay on their parents' insurance. republicans have already been in favor of pre-existing conditions. >> let's stop there. let's talk about that for a second. >> wait an inch in utd. i'm going to answer your question. >> you need to tell the american people exactly right now how you're going to cover people with pre-existing conditions...
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Dec 5, 2013
12/13
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CSPAN
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president obama told the country in his state of the union is -- this year that it is our generation's task to unite the -- to create a rising thriving middle class. i could not agree more. the country has been through a lot and i'm grateful that we have a president who in every decision he has faced on the foughtbattles, long battles, and even that she has focused on expanding opportunity for all americans and i think it is in part because he is thinking of the kids i need that fair shot to ensure that they reach their potential. he knows we're all better off when they do. and for that i am very grateful as well. great privilege to introduce to you the president of the united states. [applause] >> thank you. [applause] thank you, everybody. thank you so much. please, please have a seat. thank you so much. well, thank you, neera, for the wonderful introduction and sharing a story that resonated with me. there were a lot of parallels in my life and probably resonated with some of you. over the past 10 years, the center for american progress has done incredible work to shape the debate o
president obama told the country in his state of the union is -- this year that it is our generation's task to unite the -- to create a rising thriving middle class. i could not agree more. the country has been through a lot and i'm grateful that we have a president who in every decision he has faced on the foughtbattles, long battles, and even that she has focused on expanding opportunity for all americans and i think it is in part because he is thinking of the kids i need that fair shot to...
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Dec 3, 2013
12/13
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FOXNEWSW
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then the white house comes in because were they not on top of this asking a year out and two years out, how are you fellows doing? the third point is this. no contractor was responsible for barack obama looking into the camera as we are doing now and saying you can keep your health care program if you like it. he apparently knew this was not true. he is responsible for the destruction of his own credibility. >> it's going to have a ripple effect, too. dennis, i have come to know you. i admire your honesty. but you know and pat knows and i know and everybody watching knows that the president knew when he said you like your plan you can keep it, it wasn't true. the average per family per year will save $2500. not true. they knew in july of 2010 these things weren't true. how come when you ask democrats on the program, they all just make excuses? you're not going to make them, are you? >> there is no excuse for telling the american people that they are going to be able to keep their health care coverage if they weren't. what needed to be done way back in the campaign in 2012 is something
then the white house comes in because were they not on top of this asking a year out and two years out, how are you fellows doing? the third point is this. no contractor was responsible for barack obama looking into the camera as we are doing now and saying you can keep your health care program if you like it. he apparently knew this was not true. he is responsible for the destruction of his own credibility. >> it's going to have a ripple effect, too. dennis, i have come to know you. i...
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Dec 4, 2013
12/13
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>> president obama tries to rally the facebook generation to like the health care law. this afternoon they've got an open mike straight to the oval office. >> and the big chill. we get it, it's december. but this is something else. i'm abbi huntsman, snow and temperatures 40 degrees below normal. we have friends at the weather channel to tell us. >> there's just one hour until wall street closes and the markets are lower and if that's extending three days of losses on the dow and s&p. why the change? there are a few possible reasons. the government's unemployment report comes out on friday. and some expect a gain of 215,000 jobs in november. that's according to an adp estimate and well above expectatio expectations. good news in the real economy could make the fed
>> president obama tries to rally the facebook generation to like the health care law. this afternoon they've got an open mike straight to the oval office. >> and the big chill. we get it, it's december. but this is something else. i'm abbi huntsman, snow and temperatures 40 degrees below normal. we have friends at the weather channel to tell us. >> there's just one hour until wall street closes and the markets are lower and if that's extending three days of losses on the dow...
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Dec 9, 2013
12/13
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CSPAN2
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when president obama was elected in 2008 and organized the department of justice in 2009, he created the most politicized part of justice we had at least since the nixon administration if not before hand. and this isn't just opinion. it's a sixpack. think about this for a second. the department of justice is an entity that is the signed to interpret and enforce the law. when president obama appointed the attorney general he appointed eric holder who had been the campaign chairman and anti-campaign bumbler a large dollar fundraiser for his election and for other senior fr spots at the department of justice also occupied by campaign bumbler's. that is unprecedented in american history. and during the last four years what you've seen in the department of justice is a centrally enforce the law in such a way as to where they go after the political opponents of the president and they lay off the political friends and supporters of the president. it's a centrally using the department of justice like the brick for this week g. man. there is statistical evidence that shows if you are a campai
when president obama was elected in 2008 and organized the department of justice in 2009, he created the most politicized part of justice we had at least since the nixon administration if not before hand. and this isn't just opinion. it's a sixpack. think about this for a second. the department of justice is an entity that is the signed to interpret and enforce the law. when president obama appointed the attorney general he appointed eric holder who had been the campaign chairman and...
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barely enough to survive and that's why president obama has thrown his support behind a congressional proposal to raise the minimum wage to ten dollars and ten cents an hour but some people want to go even further at a fast food workers and hundreds of cities across the country walked off their jobs to demand a living wage of fifteen dollars an hour there is the second big labor action by low wage workers in just the past week a welcome sign for those who thought the labor movement was dead that a strike has economic inequality in the news once again and that's a good thing but hardly anyone is talking about the bigger issues at play running a business is a privilege not a right and when companies like mcdonald's refuse to pay their workers a living wage and instead rely on you and me taxpayers to help their employees survive they're abusing that privilege if we really want to make sure that american workers earn enough to get by without relying on public assistance and we do one very simple thing give every corporation that refuses to pay its workers a living wage the corporate death
barely enough to survive and that's why president obama has thrown his support behind a congressional proposal to raise the minimum wage to ten dollars and ten cents an hour but some people want to go even further at a fast food workers and hundreds of cities across the country walked off their jobs to demand a living wage of fifteen dollars an hour there is the second big labor action by low wage workers in just the past week a welcome sign for those who thought the labor movement was dead...
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Dec 2, 2013
12/13
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MSNBCW
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by almost any measure, this has been a lost year for obama on the domestic front. the flawed rollout of the health care law, the most important initiative of his tenure, has been a huge setback. >> i think that's a bit of an overstatement. a lost year? focusing on trying to get more people affordable health care? at the end of the day, everyone knows, we can all agree the rollout could have been, should have been better. but underneath all that is democrats and the president trying to make sure the people have health care. that is the side that we should be on, not this sort of is it right, is it wrong, should he be mad about it, should he not be mad about it? this is about making sure people can live. >> can government be nimble, can government learn from its mistakes? i would say the website is just a small symptom. government slik an offensive lineman. it can do blocking, it can create order. when you ask the government to be a wide receiver, you're asking them to do things they can't do. republicans win elections when the government asks them to do things they
by almost any measure, this has been a lost year for obama on the domestic front. the flawed rollout of the health care law, the most important initiative of his tenure, has been a huge setback. >> i think that's a bit of an overstatement. a lost year? focusing on trying to get more people affordable health care? at the end of the day, everyone knows, we can all agree the rollout could have been, should have been better. but underneath all that is democrats and the president trying to...
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Dec 6, 2013
12/13
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. >> he spent 27 years in prison. to the people of south africa what freedom means. >> from argentina to ireland to denmark, his death is front page news across the world. president obama met mandela just once but says he will forever strive to walk in his footprint. >> i am one of the countless millions who drew inspiration from nelson mandela's life. like so many around the globe, i cannot fully imagine my life without the example mandela set. and so long as i live, i will do what i can to learn from him. >> today we look not only at how mandela is being remembered but also reflect on how his life's mission will be carried forward. >> often when some great man dies, we say we have to wait the judgment of history. i don't think we have to in his case. we start with michelle kosinski. as i understand the crowd has been gathering because the news of madiba's death came so late in the day. explain how you have seen the crowd swell. >> reporter: right. it's just incredible. it has been hundreds upon hundreds of people no
. >> he spent 27 years in prison. to the people of south africa what freedom means. >> from argentina to ireland to denmark, his death is front page news across the world. president obama met mandela just once but says he will forever strive to walk in his footprint. >> i am one of the countless millions who drew inspiration from nelson mandela's life. like so many around the globe, i cannot fully imagine my life without the example mandela set. and so long as i live, i will...
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Dec 6, 2013
12/13
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MSNBCW
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obama recognizes it. one quick point, ed, i think is very important. the world -- the world economic forum, very respected organization. they interviewed about 1,500 business folks and academia folks. you know what those people said? they identified this split of the have and have nots as the number-one problem on planet earth. planet earth. and here's what they said. that it's going to cause such unrest that at some point, you can't get the jeannie back into the bottle. >> the president knows this. and the president is trying to do something about it. but he has no congressional help whatsoever from the object strokters. i've said this before. i believe that the american people mentally, they're not in the library. they're in the street. we saw it yesterday. jesse lagreca, you have been in the street. and the question is, the president is harnessed on this issue. he is harnessed. not much he can do. what can be done as the president than to just go out and talk about it and motivate people, jesse? >> well, you would wish that the president could do mo
obama recognizes it. one quick point, ed, i think is very important. the world -- the world economic forum, very respected organization. they interviewed about 1,500 business folks and academia folks. you know what those people said? they identified this split of the have and have nots as the number-one problem on planet earth. planet earth. and here's what they said. that it's going to cause such unrest that at some point, you can't get the jeannie back into the bottle. >> the president...
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Dec 3, 2013
12/13
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CSPAN2
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these unlawful modifications to obama cared include dealing for one-year obama cares employer mandate, instructing states they are free to ignore the clear language regarding which existing health care plans may be grandfathered in promulgating an iris world that allows for distribution of billions of dollars in obamacare subsidies that congress never authorized. the house has acted to validate retroactively so that the president of the golub omnicare modifications. however, rather than embrace these legislative fixes, the president's response has been to threaten to veto the house passed measures. the president's far-reaching claims of executive power if left unchecked will test the president was brought domestic policy authority that the constitution does not grant him. those in the president political party has been largely silenced in this dangerous expansion of executive power. what they say they president effectively repealed the environmental laws by refusing to sue polluters or the labor laws, by refusing to fine violators? what if they president wanted tax cuts that a preside
these unlawful modifications to obama cared include dealing for one-year obama cares employer mandate, instructing states they are free to ignore the clear language regarding which existing health care plans may be grandfathered in promulgating an iris world that allows for distribution of billions of dollars in obamacare subsidies that congress never authorized. the house has acted to validate retroactively so that the president of the golub omnicare modifications. however, rather than embrace...
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Dec 4, 2013
12/13
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do you think medicare advantage maybe obama cares next victim? and if so, what might beneficiaries in pennsylvania expect over the coming years in terms of plan choices, costs, forgone benefit offerings and provider networks? >> thank you, mr. chairman. indeed, i am concerned about the future of medicare advantage. as i said in my opening statement. the work we've done on the implications of aca cuts, for example, in pennsylvania would suggest that in 2014 there would be an average loss of benefit, beneficiary of about $2200, that this is about a 19% reduction in those benefits. and that we would see a decline in -- about 113,000 pennsylvanians. those numbers for 2014 are of concern, but i am more troubled by the trajectory over the succeeding five years of the full cuts under the affordable care act as to whether medicare advantage will remain a viable option within the medicare program and deliver the comprehensive benefits. i just want to echo the statements that we heard in many of the opening remarks. the medicare population is so different
do you think medicare advantage maybe obama cares next victim? and if so, what might beneficiaries in pennsylvania expect over the coming years in terms of plan choices, costs, forgone benefit offerings and provider networks? >> thank you, mr. chairman. indeed, i am concerned about the future of medicare advantage. as i said in my opening statement. the work we've done on the implications of aca cuts, for example, in pennsylvania would suggest that in 2014 there would be an average loss...
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Dec 10, 2013
12/13
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KPIX
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it was four years ago at the height of the great recession that president obama decided to bail out the bankrupt automaker, ordering general motors to overall its corporations and saving hundreds of thousands of jobs. now g.m. is not only making cars, but profits. here's senior business correspondent anthony mason. >> reporter: the auto industry was headed for a disastrous crash in 2009 when the government made the controversial decision to take over general motors. >> one of the first decisions that i made as president was to save the u.s. auto industry from collapse. >> reporter: taxpayers would invest $49.5 billion to keep g.m. afloat. with the sale of the last of its g.m. stock today the government's made back $39 billion-- a more than $10 billion loss, saving chrysler cost another $1.2 billion. but steve ratner, the car czar who headed the president's auto task force, said in "sunday morning" interview in 2010, it was worth it. what would have happened if we lost g.m.? >> you would have lost jobs a million jobs instantly. it would have been an economic disaster. >> reporter: in all
it was four years ago at the height of the great recession that president obama decided to bail out the bankrupt automaker, ordering general motors to overall its corporations and saving hundreds of thousands of jobs. now g.m. is not only making cars, but profits. here's senior business correspondent anthony mason. >> reporter: the auto industry was headed for a disastrous crash in 2009 when the government made the controversial decision to take over general motors. >> one of the...
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Dec 7, 2013
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i think that broader symbolism meant a lot to president obama. >> there have been for several years now of course a number of comparisons made between nelson mandela and president obama. "the washington post" characterized how the president in the past has dealt with those comparisons saying in part, quote, the american president regularly shied from direct comparisons with mr. mandela. mr. obama often noted privately and publicly that his sacrifices would never compare to mr. mandela's. aide to mr. obama said he was uncomfortable when people drew parallels between them as often as they did. this is from "the new york time times", not "the washington post." i apologize. how fair are those comparisons? they are inevitable and now we're going to continue to read and hear more about them over the next few days and weeks. how fair are they? >> it depends on which mr. mandela you're talking about. >> and which mr. obama you're talking about. >> one of the things that we talk about is mr. mandela as a tremendous humanitarian leader and so on. and he really was. but he was also a politician. a
i think that broader symbolism meant a lot to president obama. >> there have been for several years now of course a number of comparisons made between nelson mandela and president obama. "the washington post" characterized how the president in the past has dealt with those comparisons saying in part, quote, the american president regularly shied from direct comparisons with mr. mandela. mr. obama often noted privately and publicly that his sacrifices would never compare to mr....
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Dec 8, 2013
12/13
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and now one of his own obama care architects says he hasn't promoted it enough and that's why young people aren't signing up. maybe young people think we've been deceived and they've figured out it's a bad deal for them. maybe that's why they are not signing up. >> you're exactly right, greg. you have a situation where one of the largest transfers of wealth, forced by the government from the young, healthy people, who are generally -- they don't have much money. they don't have much property or wealth. but the largest transfer forced by the government from those people to older, sicker people and i think that despite what the obama administration and ezekiel emanuel may think of young people, that's a bad deal. as you point out, we've had three elections on this. there's nobody in the america who has not at least heard of obama care and i think that -- i think that what we're seeing is their very real refusal to go along with it because as you say, it's a bad idea for them. >> the white house, charlie, has to be deeply worried about the new harvard millennial poll. only 22% of young
and now one of his own obama care architects says he hasn't promoted it enough and that's why young people aren't signing up. maybe young people think we've been deceived and they've figured out it's a bad deal for them. maybe that's why they are not signing up. >> you're exactly right, greg. you have a situation where one of the largest transfers of wealth, forced by the government from the young, healthy people, who are generally -- they don't have much money. they don't have much...
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Dec 3, 2013
12/13
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he spoke after world aids day, observed each year on december 1st. the president was joined by secretary of state john kerry and health and human services secretary kathleen sebelius. the event was 40 minutes. [applause] >> hello. [applause] thank you, thank you, thank you, everybody, please, have a seat, well, thank you, grant, for your outstanding leadership of the office of national aids policy and thanks to all of you for being here. this is a pretty distinguished crowd, i have to say. it is wonderful to be here. i should say, actually, welcome back, because many 6 you joined us before as we mark new milestones in the fight against hiv and aids, and i'm honored that you could join us in commemorating world aids day, which was yesterday. this is a time for remembering the friends and loved ones that we lost, celebrating the extraordinary progress, thanks to people in the room that we've been able to make, and most importantly, recommitting ourselves to the mission that we share, which is achieving an aids-free generation. i epsz want to welcome mi
he spoke after world aids day, observed each year on december 1st. the president was joined by secretary of state john kerry and health and human services secretary kathleen sebelius. the event was 40 minutes. [applause] >> hello. [applause] thank you, thank you, thank you, everybody, please, have a seat, well, thank you, grant, for your outstanding leadership of the office of national aids policy and thanks to all of you for being here. this is a pretty distinguished crowd, i have to...
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Dec 7, 2013
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that's president barack obama and the first family lighting our national christmas tree on our rainy friday night. this year is the 91st lighting of that tree and it stands in the president's park behind the white house, very cool stuff. >>> it may sound a little gruesome, but it is all the rage, a new less invasive beauty procedure that involves injecting your own blood into your face. apparently it's supposed to make you look younger. >> let's give it a chance here. we'll introduce you to the vampire facelift. >> vampires, parasites of the underworld. their sharp fangs piercing necks in a blood lust ritual. it's what most people think of when you say vampire. but in 2013 there's a new meaning. in hollywood blood is beauty and some of the biggest stars are hungry for it. the vampire facelift. >> this area around here. >> reporter: you are looking at the first moments of this new cosmetic procedure in the medical office of dr. charles tellacouture and while it may be cutting edge not a single knife is used, no cutting, no stitches, no pulling. the doctor begins by drawing the patient
that's president barack obama and the first family lighting our national christmas tree on our rainy friday night. this year is the 91st lighting of that tree and it stands in the president's park behind the white house, very cool stuff. >>> it may sound a little gruesome, but it is all the rage, a new less invasive beauty procedure that involves injecting your own blood into your face. apparently it's supposed to make you look younger. >> let's give it a chance here. we'll...
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Dec 10, 2013
12/13
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they have spent years spying on online gamers, including those playing on worl of workout. in obamacare architect ezekiel emanuel says people haven't signed up for coverage because the obama administration has not sufficiently promoted it. my next guest says he couldn't write a greatepiece of fiction in the obamacare nartive. we are joined now by best-selling author in his latest book. i was going to make a remark abt a number of things. i will constrain myself. ezekiel emanuel, saying if you really want to keep your doctor, the obama deal is just to pay up. >> so what is he telling us? in obamacare works if you're rich. so if you're rich, you get to have choices and we heard that certain high and technologically advanced hospitals are being dropped off of all these insurance plans. and again, don't get access to the doctor you wanted the best health care system you can possibly have unless you are rich and that is the bottom line, which is a stunner coming from the high progressives to. >> the idea, that these hospitals would be excluded. i mean, this is something where we
they have spent years spying on online gamers, including those playing on worl of workout. in obamacare architect ezekiel emanuel says people haven't signed up for coverage because the obama administration has not sufficiently promoted it. my next guest says he couldn't write a greatepiece of fiction in the obamacare nartive. we are joined now by best-selling author in his latest book. i was going to make a remark abt a number of things. i will constrain myself. ezekiel emanuel, saying if you...
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and people seem to really like you so in the past year you build a relationship with obama tell me about. basically you know just trying to get obama care to everybody you know it was just sitting down with them and hearing his passion about making sure that everybody has has health care is was really inspiring to me and you know i said i would be down for the cause you know to help create this users and politics now. your singer i'm a singer you were a young best war player played high school right did you ever think boy i would have liked to try but. how good were you i was i was really really good i was for state championships in a row you know this school was top basketball school in the country and fourteen in the country actually at the time. yeah so it was a pretty tough school there so i mean the fact that i was starting on a team like that i was you know it was pretty hardcore but my coach said when i was leaving this would this was kind of hit me hard he was like i thought you were going to be the one to go pro you know. good. i think it's not about the talent that i had as abo
and people seem to really like you so in the past year you build a relationship with obama tell me about. basically you know just trying to get obama care to everybody you know it was just sitting down with them and hearing his passion about making sure that everybody has has health care is was really inspiring to me and you know i said i would be down for the cause you know to help create this users and politics now. your singer i'm a singer you were a young best war player played high school...
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Dec 3, 2013
12/13
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in a number of states that president obama won twice. so in your opinion do you think this pr push is going to be enough potentially to unseat republican governors in these states? >> yes, potentially. but what's really going to do it for obama care and for governors in various states is when the law actually comes fully into effect next year and people actually understand what they're getting and what they're avoiding. i mean obama hasn't done a great job in selling the affordable care act. he should have given people sort of a health care 101. there are really only three basic options for health care. we can do what we were doing, which we all agree didn't work. we can go for a universal single payer plan which the rest of the world does but the republicans could scream communism or do obama care. this is a republican plan that the republicans now want to repeal. and paum ought to bring that irony hope to people, i think. >> as you point out, this was, you know, mother endorsed by the heritage foundation and implemented in massachusett
in a number of states that president obama won twice. so in your opinion do you think this pr push is going to be enough potentially to unseat republican governors in these states? >> yes, potentially. but what's really going to do it for obama care and for governors in various states is when the law actually comes fully into effect next year and people actually understand what they're getting and what they're avoiding. i mean obama hasn't done a great job in selling the affordable care...
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Dec 7, 2013
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that president obama had never met an uncle who lives near boston. it turns out the president not only knew the uncle, he actually once lived with him. why all the confusion? here's cnn's brian todd. >> reporter: he's a 69-year-old man who lives outside of boston. the "boston globe" previously cited the white house as saying the president and his uncle had never met. now the white house press secretary said this -- >> the president said he stayed with his uncle for a brief period of time until his apartment was ready. >> reporter: he said he said with him for three weeks. why the different accounts? >> back when this arose, folks looked at the president's book and there was no evidence that they met. >> jay carney said it was when he asked the president when he was told. critics of the white house say this speaks to a deeper credibility problem of the president and his staff not being forthcoming. >> so really, it was such an unforced error and it just goes back to this thing of the white house not being completely forthright with facts with the publ
that president obama had never met an uncle who lives near boston. it turns out the president not only knew the uncle, he actually once lived with him. why all the confusion? here's cnn's brian todd. >> reporter: he's a 69-year-old man who lives outside of boston. the "boston globe" previously cited the white house as saying the president and his uncle had never met. now the white house press secretary said this -- >> the president said he stayed with his uncle for a brief...
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barely enough to survive and that's why president obama has thrown his support behind a congressional proposal to raise the minimum wage to ten dollars and ten cents an hour but some people want to go even further but a fast food workers in hundreds of cities across the country walked off their jobs to demand a living wage or fifteen dollars an hour there's was the second big labor action by low wage workers in just the past week a welcome sign for those who thought the labor movement was dead but a strike has economic inequality in the news once again and that's a good thing but hardly anyone is talking about the bigger issues at play running a business is a privilege not a right and when companies like mcdonald's refuse to pay their workers a living wage and instead rely on you and me taxpayers to help their employees survive they're abusing that privilege if we really wanted to make sure that america. workers earn enough to get by without relying on public assistance and we do one very simple thing give every corporation that refuses to pay its workers a living wage the corporate d
barely enough to survive and that's why president obama has thrown his support behind a congressional proposal to raise the minimum wage to ten dollars and ten cents an hour but some people want to go even further but a fast food workers in hundreds of cities across the country walked off their jobs to demand a living wage or fifteen dollars an hour there's was the second big labor action by low wage workers in just the past week a welcome sign for those who thought the labor movement was dead...
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Dec 10, 2013
12/13
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this year, billy joel, shirley mclean, her by hancock, carlos santana and martina oroyo. >>> when we come back, more on the life and times of nelson mandela. and a tribute from an icon in the music world who was a long-time friend and fellow activist. >>> back here in south africa. it's now close to 2:00 in the morning local time. most of the crowds have dispersed for the night, and most of the nights lately it's been raining. this is the growing memorial outside the mandela family in the upscale houghton neighborhood just outside johannesburg. ever since word arrived late thursday that mandela had died, his friends and admirers have around the world have been streaming in here to say good-bye. some prominent, some not. they have filled all the available flights here. one of our colleagues today spotted president carter on his flight. we spotted bono on the flight we were on. once on the ground in johannesburg, we asked the long-time u2 musician and veteran activist to talk about his friend of so many years, nelson mandela. >> when i get sad about the loss of a friend and mentor and
this year, billy joel, shirley mclean, her by hancock, carlos santana and martina oroyo. >>> when we come back, more on the life and times of nelson mandela. and a tribute from an icon in the music world who was a long-time friend and fellow activist. >>> back here in south africa. it's now close to 2:00 in the morning local time. most of the crowds have dispersed for the night, and most of the nights lately it's been raining. this is the growing memorial outside the mandela...
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Dec 5, 2013
12/13
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but getting back to president obama, it's almost a full year, jon, into his re-election and you've been talking about how difficult his presidency has been, specifically over the past year. if you compare it to recent presidents before him, their approval rating at this very same time, president clinton and reagan both doing far better than president obama at this time. george w. bush was slightly lower at 37%. but this is the same president who it seemed could do no wrong when he was re-elected. ari often reminds me that in politics things can move very slow and they can also move very fast. >> only ari knows that? oh. >> and former white house adviser spoke to this on this week last week wanting it to move quickly. let's take a listen. >> people trust this president. i think there's been numbers all over the place. i'm confident in a few months from now those trust numbers are going to come up. i think his approval number will come up. >> that's obviously what every democrat wants. jon, it seems like this is a year the administration is wanting to put behind them very quickly. >> yeah
but getting back to president obama, it's almost a full year, jon, into his re-election and you've been talking about how difficult his presidency has been, specifically over the past year. if you compare it to recent presidents before him, their approval rating at this very same time, president clinton and reagan both doing far better than president obama at this time. george w. bush was slightly lower at 37%. but this is the same president who it seemed could do no wrong when he was...
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Dec 8, 2013
12/13
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i was a member of the inter- american dialogue for many years. then i had a very interesting and fruitful visit to the white house with president obama. i am here as his guest on an official visit. then i went to another group and spoke to the general assembly of the oas. they had guessed that they had invited. theen went to speak with ind of the democratic party the house, nancy pelosi. i spoke with members of the house in the democratic party and then i spoke with speaker boehner and a few of the republicans in the house. i have been working with some of them for many years. not only as foreign minister. now i am here. i had a dinner at the center for american progress. it is a think tank. i'm having dinner tonight with the independent counsel. they have asked me to address them. what have been the main messages i have tried to convey to the u.s. officials and to the u.s. public? first, i would like to thank the partiesernment and both for the help that they have given us since we started collaborating. i was beginning to the president of the u
i was a member of the inter- american dialogue for many years. then i had a very interesting and fruitful visit to the white house with president obama. i am here as his guest on an official visit. then i went to another group and spoke to the general assembly of the oas. they had guessed that they had invited. theen went to speak with ind of the democratic party the house, nancy pelosi. i spoke with members of the house in the democratic party and then i spoke with speaker boehner and a few of...
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Dec 3, 2013
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you saw a ten-year extension that first came up in the 80s, passed by clinton and bush and eventually president obama most likely, which continues a government ban on these sort of plastic weapons that cannot be detected by metal detectors. what was the issue here, new york democratic charles schumer, he wanted more. he said that we should define a gun by having more metal parts. in order to try to avoid -- this is too lenient, if you have a 3d printer, you can make plastic parts that won't be detected. however, because democrats wanted to get this ban through, a lot of them withdrew their opposition of the united states house, so much so this was passed by a voice vote. it's very rare that anything in the u.s. how's is passed by a voice vote. you saw it. rob andrews, a democrat from new jersey, close to the house leadership. don't let the perfect get in the way of good. as we've seen this past year, tamron, anything that has to do with any semblance of gun control turns off a large faction of the house gop conference and more conservative groups and the nra has been quiet on this. th
you saw a ten-year extension that first came up in the 80s, passed by clinton and bush and eventually president obama most likely, which continues a government ban on these sort of plastic weapons that cannot be detected by metal detectors. what was the issue here, new york democratic charles schumer, he wanted more. he said that we should define a gun by having more metal parts. in order to try to avoid -- this is too lenient, if you have a 3d printer, you can make plastic parts that won't be...
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Dec 6, 2013
12/13
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she paid tribute to former california congressman tom lantos and hillary clinton looking at her years of service. >> thank you very much. thank you to mica for your kind wonders and good morning. thank you to all of you. i am thrilled to be here. we're here to celebrate those who dedicated their lives to the human rights movement and we would be remised if we did not speak as to mica did to honor the passing of one of the movement's greatest heroes, nelson mandela. president mandela was a activist, political leader, a statesman and he was above all a teacher. he taught us that the power of forgiveness is greater áhan the power of hate and the differences of race and nationality matter less than our shared humanity. his presence on this earth will be sorely missed but his lessons will endure in the hearts of millions. this has in fact, become a very special event as part of what tom talked about an awful lot. it is a sadness that nelson mandela has passed from this world but it is very much the same kind of story that tom lantos talked about so much. we come together because of this e
she paid tribute to former california congressman tom lantos and hillary clinton looking at her years of service. >> thank you very much. thank you to mica for your kind wonders and good morning. thank you to all of you. i am thrilled to be here. we're here to celebrate those who dedicated their lives to the human rights movement and we would be remised if we did not speak as to mica did to honor the passing of one of the movement's greatest heroes, nelson mandela. president mandela was a...
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Dec 7, 2013
12/13
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earlier this evening at the white house christmas tree lighting, president obama had a few words to say about the former south african leader. >> this year, we give a special measure of gratitude firm nelson mandela, a man that championed that generosity of spirit. in his life, he left us with tremendous grace and unbelievable courage. we are all privileged to live in a world touched by his goodness. >> former secretary of state every clinton receiving the 2013 human rights award at an event on capitol hill. also speaking at the event, madeleine albright who served under bill clinton. they talked about the recent passing of former south african president nelson mandela. this is 25 minutes. [applause] >> thank you very much. please. thank you. thank you for your kind words and thank you to all of you. i am thrilled to be here. here to celebrate those that dedicated their lives to the human rights movement and we would be remiss if we did not toak as a little while ago honor the passing of one of the movement's greatest heroes. ansident mandela was activist, a prisoner of conscience and a
earlier this evening at the white house christmas tree lighting, president obama had a few words to say about the former south african leader. >> this year, we give a special measure of gratitude firm nelson mandela, a man that championed that generosity of spirit. in his life, he left us with tremendous grace and unbelievable courage. we are all privileged to live in a world touched by his goodness. >> former secretary of state every clinton receiving the 2013 human rights award at...
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Dec 9, 2013
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nelson mandela's grandchildren and fellow political prisoner who spent some 26 years in robin island and number of world leaders including president obama and countries of like brazil, china, nam bid ya and others. tens and thousands of people here to witness this event, a sing you lar moment in history that a lot of people want to be part of it. >> quickly, the seats, the 95,000 seats, how are they allowing the every day person to be able to attend if they are able to get inside? >> reporter: that's a good question. there are no tickets for this events. there are people lining up tomorrow morning trying to get in. just ordinary people, no tickets. all going to happen, going to be a very interesting and practical thing to see. but the -- it's -- they've had big events here at that stadium and there are going to be other stadiums three or four around johannesburg, where there are big screens set up. it's a security dilemma and security nightmare, hopefully things go smoothly. since the death was announced on thursday night, there has not been any hit hint of violence. people have been
nelson mandela's grandchildren and fellow political prisoner who spent some 26 years in robin island and number of world leaders including president obama and countries of like brazil, china, nam bid ya and others. tens and thousands of people here to witness this event, a sing you lar moment in history that a lot of people want to be part of it. >> quickly, the seats, the 95,000 seats, how are they allowing the every day person to be able to attend if they are able to get inside?...
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Dec 9, 2013
12/13
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from $1,100 a year to over $2,400 per year. that's because of obama care. >> no one has launched a big pr campaign to get these people signed up because of the problems with the federal website. we are about to launch a big pr campaign. and that, i think, is going to persuade a lot of people. >> now, as part of that pr campaign, as mr. emanuel calls it, today the white house is trying to tout the fact that medicaid is being expanded all around the country to get millions of people who don't have insurance right now covered. of course, that means taxpayers kicking in the money to cover these folks. the question is going to be whether or not the math adds up in the end. whether you can get enough young, healthy people to sign up for the law in order to help pay for all these millions of folks coming in who did not have insurance before, gretchen. >> that's a catch. as well white house officials are launching a campaign, they did last week, to sell the benefits of obama care to the american public. but what's the new message today
from $1,100 a year to over $2,400 per year. that's because of obama care. >> no one has launched a big pr campaign to get these people signed up because of the problems with the federal website. we are about to launch a big pr campaign. and that, i think, is going to persuade a lot of people. >> now, as part of that pr campaign, as mr. emanuel calls it, today the white house is trying to tout the fact that medicaid is being expanded all around the country to get millions of people...
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Dec 6, 2013
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president obama is calling for a hike to about $10 per hour. that is what he calls a broad growth agenda. airport workers and fast food workers and to nurse assistants and retail salespeople who work their tails off. they are still living at or are above poverty. that is why it is well past the time to raise a minimum wage that in real terms right now is lower -- >> fast food workers in 100 cities across the country made a strike yesterday. they earn about nine dollars per hour. they want the minimum increased to $15 per hour. i want to bring in columbia university professor -- who focuses on labor inequality issues. i want to start with you. restaurant workers are calling for $15 per hour. don't they run the risk that mcdonald's or wendy's will cut the workforce? >> that is the myth. we have plenty of studies recently that show there are negligible employment effects when you raise the minimum wage. when you think about it, take the current employees -- $7.25 per hour. a big mac is three dollars. they could actually buy more big macs with the
president obama is calling for a hike to about $10 per hour. that is what he calls a broad growth agenda. airport workers and fast food workers and to nurse assistants and retail salespeople who work their tails off. they are still living at or are above poverty. that is why it is well past the time to raise a minimum wage that in real terms right now is lower -- >> fast food workers in 100 cities across the country made a strike yesterday. they earn about nine dollars per hour. they want...
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Dec 7, 2013
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the money won't go back to my president obama's friends. it will go to the consumer. t will lower the opportunity costs that hold new and old businesses back and cost detroit billions of dollars a year. if we use numbers from a similar maryland, i estimate storing the storm water that every city ought to do is saving $12.2 million. it will pay for police and fire protection. other things you want in your city. we want people to move to detroit from around the country and around the world. we want to allow immigration to our company where people have capital. people are going to canada because the income tax is 15%. great is getting a lot of entrepreneurs around the world, we're losing them. why? corporate income tax here is 35%. economic enterprise zones would $50,000. the visas with let them come to our country. detroit doesn't need a handout. jobbing now yanet a handout. just look at your history of innovation, look at the proud history of detroit. produced nry ford who a car that assembly line men and he reduced the work week. detroit was the greatness of america.
the money won't go back to my president obama's friends. it will go to the consumer. t will lower the opportunity costs that hold new and old businesses back and cost detroit billions of dollars a year. if we use numbers from a similar maryland, i estimate storing the storm water that every city ought to do is saving $12.2 million. it will pay for police and fire protection. other things you want in your city. we want people to move to detroit from around the country and around the world. we...
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president obama doesn't care about ten years from now, he cares about the next three years. is it possible that we plod along? >> he doesn't care about the next three years, does he care about his ideology and where he stands with the people that believe in that ideology, or america and the economy. and it seems he's more concerned with years from now. >> the point about natural gas, why don't we see the l and g terminals on every coast and every city. line let's export natural gas. that he is a conflicts with the ideology. stuart: we know you as a trader, we have to ask the following question. what's the worst trade you ever made. >> simple, warren buffett said what you should do when you buy stocks, go to your house and buy the companies of the things that you use every day. stuart: and charles payne said that. >> when i first got my ipod and played music never mind if i ever imagine i would be able to make a phone call from it in a few years and i bought my first ipod and running on the chicago lake front and listening to the ipod, all of my songs are on it. fantastic, an
president obama doesn't care about ten years from now, he cares about the next three years. is it possible that we plod along? >> he doesn't care about the next three years, does he care about his ideology and where he stands with the people that believe in that ideology, or america and the economy. and it seems he's more concerned with years from now. >> the point about natural gas, why don't we see the l and g terminals on every coast and every city. line let's export natural gas....
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Dec 7, 2013
12/13
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however, in five years, his theory has not produced results. nevertheless, the president remains undaunted. >> we need to set aside the belief that government cannot do anything about reducing inequality. it's true that government cannot prevent all of the downsides of the technological change and global competition that are out there right now, but we've also seen how government action time and again can make an enormous difference in increasing opportunity and bolstering ladders into the mdle class. >> an enormous difference? i haven't seen it, have you? maybe he's talking about fdr's new deal or social security or something like that, but presently? big government and high taxati seem to be holding back the private sector and job creation. and the left seems to want it that way. yesterday, "the new york times" editorialized, "the emphasis on cutting taxes and spending that began in the reagan years is a direct result of economic insecurity now. it has led, for spm, to education cuts that have harmed children in low-income school districts. r
however, in five years, his theory has not produced results. nevertheless, the president remains undaunted. >> we need to set aside the belief that government cannot do anything about reducing inequality. it's true that government cannot prevent all of the downsides of the technological change and global competition that are out there right now, but we've also seen how government action time and again can make an enormous difference in increasing opportunity and bolstering ladders into...
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Dec 4, 2013
12/13
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here, you got good news on obama care. we got 70 years before the next story comes. >> it's next. the rebought of obama care comes as the president will talk about the benefit of this health care law. yesterday, president obama defended the affordable care act and suggested if republicans have better ideas they should bring them to the stable. >> the bottom line is this law is working and will get started with the exchanges, with the marketplaces, so we're not going to walk away from it. if i've got to fight another three years to make sure this law works, then that's what i will do. i have always said, i will work with anybody to implement and improve this law effectively you got good ideas, bring them to me. let's go. but we're not repealing it as long as i'm president. i want to make that clear. >> you know, if what the president said is introduce. then that's a marked change since the first time the health care law went through. the republicans had scores of amendments that harry reid killed. never let him discuss it on the floor. never got a vote on the floor, so if the presi
here, you got good news on obama care. we got 70 years before the next story comes. >> it's next. the rebought of obama care comes as the president will talk about the benefit of this health care law. yesterday, president obama defended the affordable care act and suggested if republicans have better ideas they should bring them to the stable. >> the bottom line is this law is working and will get started with the exchanges, with the marketplaces, so we're not going to walk away...
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Dec 5, 2013
12/13
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CNBC
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and it's an election year in 2014, republicans want to talk about obama care, they want to talk about other issues. they think they can beat up on obama and the democrats and don't want to get bogged down by shutdowns and debt limit fights. there's no reason to think stocks are too high because washington's going to kill everything. >> and maybe it was set so low because it was on the floor. >> you can't go much lower than they are. they can clear the bar for expectations which is no shut down. and maybe get the approval ratings in the 10% range, double digits at some point. >> one of the things we've been watching is what the fed's going to do next. how much do you think the fed has been responsible for this. and if the tapering begins, is that really something that takes the steam out of the market? not if it's just based on valuations like you've been talking. >> i have not been of the view that fed-driven liquidity is the sole support under the market. we touched on it a few minutes ago, there are many traditional fundamental supports, not least being simple gdp growth. and the ba
and it's an election year in 2014, republicans want to talk about obama care, they want to talk about other issues. they think they can beat up on obama and the democrats and don't want to get bogged down by shutdowns and debt limit fights. there's no reason to think stocks are too high because washington's going to kill everything. >> and maybe it was set so low because it was on the floor. >> you can't go much lower than they are. they can clear the bar for expectations which is...
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Dec 10, 2013
12/13
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i really think that's what president obama did as well after the crisis he, you know, took on five years ago. but i think it is through these dodd-frank reforms that many of which are now being implemented. so i just wanted to mention a couple of my, around the table if i can. i have six real quick ones. first i think the heart of reform is insuring that largest financial institutions have freedom to fail. my dad's small business in baltimore, if he didn't make payroll on friday no one was coming to bail him out. i think that is at the core what dodd-frank is. i was pleased last month, the moody's, largest rating agency moved up lift of largest bank holdings that had come to be because of perceived government backing. that works because of title two of dodd-frank and all the work fdic did and fed did and ben and his people and bank regulators supporting everything that marti gruenberg and before that sheila did. second thing was making sure there is enough capital in hand. i know, where's dan? he is sitting somewhere. i've been in all these international meetings where dan has just been
i really think that's what president obama did as well after the crisis he, you know, took on five years ago. but i think it is through these dodd-frank reforms that many of which are now being implemented. so i just wanted to mention a couple of my, around the table if i can. i have six real quick ones. first i think the heart of reform is insuring that largest financial institutions have freedom to fail. my dad's small business in baltimore, if he didn't make payroll on friday no one was...